Connected device-triggered failure analysis

Abstract

The present disclosure involves systems and computer implemented methods for performing a failure analysis on a device monitored by at least one connected device, where in response to a determination of an impending failure, at least one corrective action is determined and suggested to the user of the monitored device. In one example, operations include monitoring operations of at least one monitored device using at least one connected device, determining a projected life span of the at least one monitored device based on the monitored operations, and, if the projected life span of the monitored device is less than a threshold amount, determining a corrective action to perform. A proposal can be generated for presentation based on the corrective action. The proposal may be based on the estimated cost of the determined corrective action and an analysis of an account.

What is claimed is: 
     
       1. A system comprising:
 a memory; 
 at least one hardware processor interoperably coupled with the memory and configured to:
 monitor operations of at least one monitored device using at least one connected device, the at least one monitored device associated with a user; 
 determine a projected life span of the at least one monitored device based on the monitored operations; 
 in response to determining that the projected life span of the at least one monitored device is less than a threshold amount, determine a corrective action to be performed; and 
 generate a proposal to be presented, via a user interface, based on the determined corrective action, wherein generating the proposal includes:
 estimating a cost of the determined corrective action; 
 analyzing at least one of a financial or transactional account associated with the user, wherein analyzing the at least one of the financial or transactional account associated with the user includes determining whether funds are sufficient to cover the estimated cost of the determined corrective action are available in accounts associated with the user; 
 in response to determining that funds sufficient to cover the estimated cost of the determined corrective action are not available in accounts associated with the user, perform an automated credit worthiness determination based on a credit history of the user; and 
 creating the proposal associated with the determined corrective action based on the projected life span of the at least one monitored device, the estimated cost of the determined corrective action, and the analysis of the account. 
 
 
 
     
     
       2. The system of  claim 1 , wherein the at least one connected device is the monitored device, wherein the monitored device monitors its own operations. 
     
     
       3. The system of  claim 1 , wherein monitoring operations of the at least one monitored device includes one or more of the following:
 monitoring a time of active operations performed by the at least one monitored device; 
 monitoring a number of operations performed by the at least one monitored device; and 
 monitoring at least one performance metric associated with the monitored operations of the at least one monitored device. 
 
     
     
       4. The system of  claim 1 , wherein determining the projected life span of the at least one monitored device includes performing a failure analysis of the at least one monitored device. 
     
     
       5. The system of  claim 4 , wherein the failure analysis of the at least one monitored device is based on, at least in part, at least one of the following:
 a usage amount of the at least one monitored device; and 
 a usage amount of the at least one monitored device as compared to usage metrics associated with a plurality of similar devices. 
 
     
     
       6. The system of  claim 4 , wherein the failure analysis of the at least one monitored device is based on, at least in part, a set of monitored performance metrics associated with the at least one monitored device, wherein the failure analysis of the at least one monitored device is based on at least one of a comparison of the set of monitored performance metrics to a known set of performance metrics associated with a failure state or on information collected from a plurality of similar devices, and wherein the failure analysis of the at least one monitored device is based on a comparison of the set of monitored performance metrics to a set of expected performance metrics. 
     
     
       7. The system of  claim 1 , wherein the determined corrective action is based on at least one of the following:
 an analysis of the user's financial data; 
 an analysis of the user's prior usage analytics of the at least one monitored device; 
 an analysis of corrective actions taken by at least one other user associated with similar devices; 
 information provided by a vendor of the at least one monitored device; 
 an analysis of environmental data associated with the location of the at least one monitored device; and 
 a determination as to an issue associated with the at least one monitored device. 
 
     
     
       8. The system of  claim 1 , wherein the determined correction action includes an action and a delay of implementing the action, wherein the delay of implementing the action is based on a projected remaining life span of the at least one monitored device, a current financial situation associated with the user, and pricing trends associated with a replacement device. 
     
     
       9. The system of  claim 1 , wherein the determined corrective action is one of repairing or replacing the at least one monitored device. 
     
     
       10. The system of  claim 1 , where the proposal is generated in response to the credit worthiness determination determining that the user is worthy of credit, and wherein the proposal comprises an offer of at least one loan product to pay for the estimated costs associated with the determined corrective action. 
     
     
       11. The system of  claim 10 , wherein the at least one loan product includes a pre-approval for a repair or replacement of the at least one monitored device, wherein the at least one loan product includes at least one of an offer for a home equity line of credit, an unsecured line of credit, a personal loan, debt consolidation, a microfinance transaction, a person-to-person lending offer, and a crowdfunding loan offer. 
     
     
       12. The system of  claim 1 , the at least one hardware processor further configured to present the generated proposal to the user via the user interface. 
     
     
       13. A non-transitory, computer-readable medium storing computer-readable instructions executable by a computer and configured to:
 monitor operations of at least one monitored device using at least one connected device, the at least one monitored device associated with a user; 
 determine a projected life span of the at least one monitored device based on the monitored operations, wherein determining the projected life span of the at least one monitored device includes performing a failure analysis of the at least one monitored device; 
 in response to determining that the projected life span of the at least one monitored device is less than a threshold amount, determine a corrective action to be performed, wherein the determined corrective action is one of repairing or replacing the at least one monitored device; and 
 generate a proposal to be presented, via a graphical user interface, based on the determined corrective action, wherein generating the proposal includes:
 estimating a cost of the determined corrective action; 
 analyzing at least one of a financial or transactional account, and wherein analyzing the at least one of the financial or transactional account includes determining whether funds are sufficient to cover the estimated cost of the determined corrective action are available in accounts associated with the user; and 
 in response to determining that funds sufficient to cover the estimated cost of the determined corrective action are not available in accounts associated with the user, the proposal comprises a proposal to increase savings to pay for the estimated costs associated with the determined corrective action; and 
 creating the proposal associated with the determined corrective action based on the projected life span of the at least one monitored device, the estimated cost of the determined corrective action, and the analysis of the account. 
 
 
     
     
       14. The medium of  claim 13 , wherein monitoring operations of the at least one monitored device includes one or more of the following:
 monitoring a time of active operations performed by the at least one monitored device; 
 monitoring a number of operations performed by the at least one monitored device; and 
 monitoring at least one performance metric associated with the monitored operations of the at least one monitored device. 
 
     
     
       15. The medium of  claim 13 , the instructions executable by a computer and configured to:
 in response to determining that funds sufficient to cover the estimated cost of the determined corrective action are not available in accounts associated with the user, performing an automated credit worthiness determination based on a credit history of the user. 
 
     
     
       16. A computerized method performed by one or more processors, the method comprising:
 monitoring operations of at least one monitored device using at least one connected device, the at least one monitored device associated with a user, wherein monitoring operations of the at least one monitored device includes one or more of the following:
 monitoring a time of active operations performed by the at least one monitored device; 
 monitoring a number of operations performed by the at least one monitored device; and 
 monitoring at least one performance metric associated with the monitored operations of the at least one monitored device; 
 
 determining a projected life span of the at least one monitored device based on the monitored operations, wherein determining the projected life span of the at least one monitored device includes performing a failure analysis of the at least one monitored device; 
 in response to determining that the projected life span of the at least one monitored device is less than a threshold amount, determining a corrective action to be performed, wherein the determined corrective action is one of repairing or replacing the at least one monitored device; and 
 generating a proposal to be presented, via a graphical interface, based on the determined corrective action, wherein generating the proposal includes:
 estimating a cost of the determined corrective action; 
 analyzing at least one of a financial or transactional account associated with the user, wherein analyzing the at least one of the financial or transactional account associated with the user includes determining whether funds are sufficient to cover the estimated cost of the determined corrective action are available in accounts associated with the user: 
 in response to determining that funds sufficient to cover the estimated cost of the determined corrective action are not available in accounts associated with the user, perform an automated credit worthiness determination based on a credit history of the user; and 
 creating the proposal associated with the determined corrective action based on the projected life span of the at least one monitored device, the estimated cost of the determined corrective action, and the analysis of the account.